The Ministry of Industry announced that it was working to replace imported electric cables and transformers with locally produced products during a discussion forum with Ethiopian Electric Power (EEP), Ethiopian Electric Utility (EEU) and other stakeholders. The institutions have signed a memorandum of understanding which enables them to work together.
The Ministry of Mines plans to earn three billion USD profit a year at the GTP II period from mineral and gas exports, The Reporter reported.
Ethiopia announced plans to see its revenues from mining rise by six-fold in the newly started Ethiopian fiscal year. To this end, the Ethiopian government made known, a national coordinating committee has been formed.
The Ethiopian government announced plans to generate USD 2.3 billion revenue from the export of textile products in GTP II period, according to the Daily Monitor.
Ethiopia is to delay the implementation date of the universal health insurance law for six months which was scheduled to be started this August.
The delay was attributed to lagging behind in setting up legal frameworks and operational manuals, and staffing, Fortune reported quoting an expert with the Ethiopian Health Insurance Agency.
The postponement has been communicated to all public institutions in a circular two weeks ago.
